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ECD Automotive Design Announces A Lender Is In Talks With Co. For Strategic Deals Valued $2M-$10M

Benzinga·01/07/2026 22:34:23
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Commencing on January 6, 2026, a lender of ECD Automotive Design, Inc. (the "Company") entered into discussions with the Company concerning pursuing various strategic transactions with the Company valued between $2 million and $10 million for a combination of cash and preferred stock, which are expected to close within the next 30 days and/or a debt to preferred equity exchange valued between $2 million and $10 million with the current lender to help the Company improve its the Shareholder Equity position.